PlainPharmaWatch
CMS PY 2024 Company profile Open Payments data

GE HEALTHCARE

GE HEALTHCARE reported $20.3M in payments to physicians and teaching hospitals across 6,571 transactions in CMS Open Payments PY 2024.

Pharmaceutical payment transparency data for GE HEALTHCARE. Ranked #88 of 1,797 companies by total payments. Source: CMS Open Payments, Program Year 2024.

Payment Overview

Total Payments

$20.3M

0.2% of all payments

Transactions

6,571

$3.1K avg

Recipients

6,056

$3.4K avg

Industry Rank

#88

of 1,797 companies

What the Data Shows for GE HEALTHCARE

In Program Year 2024, GE HEALTHCARE reported $20,306,845.52 in payments to 6,056 physicians and teaching hospitals across 6,571 individual transactions — an average of $3.1K per transaction and $3.4K per recipient. That total places GE HEALTHCARE at rank #88 out of 1,797 companies in the CMS Open Payments database, representing 0.2% of all industry payments reported nationwide for the year. Payment volume at this scale is characteristic of manufacturers with broad prescriber engagement, active clinical research programs, or patented therapies generating ongoing royalty obligations.

The payment mix for GE HEALTHCARE spans 10 distinct categories defined by CMS — including general payments (consulting, speaker fees, meals, travel), research payments tied to clinical trials, and ownership or investment interests. The largest single category is "Royalty or License" at $3.4M, accounting for 17.0% of the company's reported total and 26 transactions. This distribution matters because different payment types carry different regulatory and ethical implications: research funding supports clinical development, while general payments like meals and speaker fees have been studied for their correlation with prescribing patterns in peer-reviewed journals such as JAMA Internal Medicine.

Recipient concentration is another useful lens. The top 5 recipients of payments from GE HEALTHCARE received $0.00 combined — 0.0% of the company's total — with the remaining 100.0% distributed across the rest of the 6,056 recipients. A relatively distributed top-5 share suggests broader engagement across the prescriber community rather than concentration among a handful of high-value relationships. All figures above are drawn directly from the CMS Open Payments Public Use Files for PY2024 and are disclosed under the Physician Payments Sunshine Act; this page summarizes reported financial transfers and does not represent medical advice or judgment about individual prescribing decisions.

Payment Breakdown by Type

GE HEALTHCARE made 10 types of payments. "Royalty or License" accounts for 17.0%.

Royalty or License $3.4M

17.0% · 26 transactions

Consulting Fee $1.0M

5.1% · 418 transactions

Grant $625.0K

3.1% · 9 transactions

Compensation for Services Other Than Consulting $523.3K

2.6% · 293 transactions

Travel and Lodging $232.8K

1.1% · 217 transactions

Food and Beverage $215.3K

1.1% · 4,972 transactions

Debt Forgiveness $50.0K

0.2% · 80 transactions

Long-Term Medical Supply or Device Loan $38.2K

0.2% · 26 transactions

Payment Type Amount Transactions
Royalty or License $3.4M 26
Consulting Fee $1.0M 418
Grant $625.0K 9
Compensation for Services Other Than Consulting $523.3K 293
Travel and Lodging $232.8K 217
Food and Beverage $215.3K 4,972
Debt Forgiveness $50.0K 80
Long-Term Medical Supply or Device Loan $38.2K 26
Space Rental or Facility Fees $23.0K 10
Education $2.9K 5

Payment Size Analysis

Average transaction size: $3.1K. Average per recipient: $3.4K.

Total Amount

$20,306,845.52

Avg per Transaction

$3.1K

Avg per Recipient

$3.4K

Payment Transparency Context

The Physician Payments Sunshine Act (part of the Affordable Care Act) requires pharmaceutical and medical device manufacturers to report payments and transfers of value to physicians and teaching hospitals. These payments can include consulting fees, research grants, speaker fees, food and beverages, travel, royalties, and other forms of compensation.

Industry Total (2024)

$13.3B

across 1,797 companies

GE HEALTHCARE Share

0.2%

#88 by total payments

Frequently Asked Questions

How much did GE HEALTHCARE pay to physicians and hospitals in 2024?
GE HEALTHCARE made $20,306,845.52 in payments to physicians and hospitals in Program Year 2024, across 6,571 individual transactions. This represents 0.2% of all industry payments reported to CMS Open Payments.
How many physicians received payments from GE HEALTHCARE?
GE HEALTHCARE made payments to 6,056 physicians and teaching hospitals in 2024. The average payment per recipient was $3.4K.
What types of payments did GE HEALTHCARE make?
GE HEALTHCARE made 10 different types of payments. The largest category was "Royalty or License" at $3.4M, representing 17.0% of all payments.
How does GE HEALTHCARE rank among pharmaceutical companies?
GE HEALTHCARE ranks #88 out of 1,797 companies by total payment amount in the CMS Open Payments database for 2024.
What is the average payment size from GE HEALTHCARE?
The average transaction from GE HEALTHCARE was $3.1K in 2024. The company made 6,571 total transactions to 6,056 recipients.
Are the top recipients concentrated for GE HEALTHCARE?
The top 5 recipients received $0.00 from GE HEALTHCARE, representing 0.0% of the company's total payments. Payments are relatively well-distributed across recipients.
Where does the payment data for GE HEALTHCARE come from?
This data comes from the CMS Open Payments program (Sunshine Act), which requires pharmaceutical and medical device companies to report payments and transfers of value to physicians and teaching hospitals. The data covers Program Year 2024.

Data Source: Centers for Medicare & Medicaid Services (CMS) Open Payments, Program Year 2024. Data includes general payments, research payments, and physician ownership/investment interests as required by the Physician Payments Sunshine Act. Total industry payments: $13.3B across 1,797 companies.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainPharmaWatch Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the CMS Open Payments program. Consult a qualified professional before making decisions based on this data.